Home Brand News Spot Market Trades 3,059 MU with Avg. MCP at Rs. 3.30 per...

Spot Market Trades 3,059 MU with Avg. MCP at Rs. 3.30 per unit

175
0

New Delhi, Friday, 4 January, 2019
The all India peak demand touched 163 GW on 28th December 2018 registering 7% increase over demand in December’17 as per the statistics issued by NLDC. The energy supplied at 1,03,004 MU in December’18 increased 6% over 97,348 MU supplied in December’17.
The electricity market at IEX – the Day Ahead- Market (DAM) and Term Ahead-Market (TAM) combined traded 3,156 MU in December’18 almost at par with 3,186 MU traded in December’17.
On the year to date basis the electricity market at IEX traded 42,304 MU over 35,349 MU traded in same period last fiscal registering growth of 20%.

DAY-AHEAD MARKET (DAM)
The Day-Ahead Market traded 3,059 MU almost at par with the volume traded in December’17. While on the year to date basis, the DAM traded 40,632 MU over 34,185 MU traded in same period last fiscal registering growth of 19 %.
On a daily average basis about 99 MU were traded in December’18.
The average Market Clearing Price (MCP) was Rs. 3.30 per while MCP during different time-periods of the month
was:
 Morning (07:00 to 10:00 Hrs): Rs. 4.14 per unit
 Day (11:00 to 17:00 Hrs): Rs. 3.47 per unit
 Evening peak (18:00 to 23:00 Hrs): Rs. 3.85 per unit
 Night (01-06 Hrs and 24 Hrs): Rs. 2.19 per unit
Avg MCP in December’18 registered 10% increase on YOY basis and 8% decline on MOM basis mainly on account
of winter season leading to subdued demand for power particularly in the Northern and Western States.
One Nation, One Price was realized for 23 days. The day-ahead market experienced transmission congestion of
2.6% mainly in the import towards Southern Region.
On daily average basis 682 participants traded in the market during the month.
TERM-AHEAD MARKET (TAM)
The Term-Ahead Market traded 97 MU in December’18 registering 25% increase over December’17. While on the
year to date basis, the TAM traded 1,672 MU over 1,164 MU traded in same period last fiscal registering growth
of 44 %.

LEAVE A REPLY

Please enter your comment!
Please enter your name here